Oppstar Bhd

Oppstar Bhd maintains a strong liquidity position with a current ratio of 20.15, indicating the company can easily cover its short-term liabilities with its current assets. However, the company has a negative net cash position after subtracting total debt, which introduces some liquidity risk.

The company's profitability is modest, with a return on equity of 1.05% and a return on assets of 1.00%. These figures are below the typical thresholds for high-growth technology firms, suggesting that Oppstar Bhd is not generating exceptional returns relative to its equity and asset base.

Oppstar Bhd's revenue is concentrated in a single business segment, as no segmental breakdown is provided in the available data. The company's geographic exposure is not disclosed, but given its listing on the Malaysian stock exchange, it is likely that a significant portion of its operations are based in Malaysia. This lack of diversification could expose the company to regional economic risks.

The company's growth trajectory appears to be constrained, as no specific revenue growth rates or outlooks are provided in the available data. The capital expenditure of -2.64 million MYR suggests that the company is not investing heavily in new projects or expansion, which could limit its long-term growth potential.

The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's debt-to-equity ratio is 0.0, meaning it is not leveraging debt to finance its operations. However, the negative net cash position after subtracting total debt is a concern for liquidity.

There are no recent events or filings mentioned in the available data that would indicate significant changes in the company's operations or financial position. The lack of analyst recommendations other than a single "Hold" suggests that the market is not particularly bullish or bearish on the stock at this time.

Cash conversion ratio of 5.52 is best-in-class compared to the cohort median of 0.11.

The company maintains a zero debt-to-equity ratio, significantly lower than the cohort median of 0.18.

Dilution risk is assessed as low, providing stability for existing shareholders' equity positions.

FY2025 net income turned negative at -12.2 million MYR, reversing previous profitability trends.

Free cash flow deteriorated to -17.9 million MYR in FY2025, indicating significant cash burn.

Return on equity of 1.05% falls below the cohort median of 1.4%.

Liquidity risk is rated as medium, suggesting potential challenges in meeting short-term obligations.

Revenue MYR 64.0M, +12,3% YoY; Operating income −150,8% YoY.

• ▍Revenue MYR 64.0M, +12,3% YoY
• ▍Operating income −150,8% YoY
• ▍Net income −178,6% YoY
• ▍Free cash flow −298,3% YoY
• ▍Net margin -19.1%

Revenue MYR 56.9M, −1,6% YoY; Operating income −21,4% YoY.

• ▍Revenue MYR 56.9M, −1,6% YoY
• ▍Operating income −21,4% YoY
• ▍Net income −23,6% YoY
• ▍Free cash flow −56,0% YoY
• ▍Net margin 27.3%

Revenue MYR 57.9M, +14,5% YoY; Operating income +13,8% YoY.

• ▍Revenue MYR 57.9M, +14,5% YoY
• ▍Operating income +13,8% YoY
• ▍Net income +22,4% YoY
• ▍Free cash flow +275,0% YoY
• ▍Net margin 35.2%